Solutions
Micro Insurance
Until recently, in many economies only the most affluent could afford to buy life insurance. The cost of distributing smaller policies using traditional means was too high to reach lower income families and rural areas. Losing a loved one is hard enough, but in many cases that can mean losing the sole means of support for an entire family and any assets they may own, including their business. That kind of devastation can move a family generations back in their climb to prosperity. Mango’s advanced wireless and paperless technology makes it cost effective to distribute affordable life insurance anywhere in the world, and to those who need it most, so they can build their business and their family’s future without fear of catastrophe. We’re proud of our leadership in enabling hundreds of millions of new consumers to access affordable life insurance - its an essential part of the success of emerging economies.